The Internet of Things (IoT) incorporates numerous devices connected or networked through the internet, sharing or collecting real-time data without human intervention. On the other hand, Machine-to-Machine (M2M) is a technology that allows networked devices to exchange data & execute different actions without manual assistance. In this technology, Artificial Intelligence (AI) & Machine Learning (ML) facilitate communication across devices, allowing them to make their own choices.
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Furthermore, Satellites provide extensive coverage and are considered ideal for several IoT applications across remote areas. They connect IoT devices and enable them to transmit data when the devices are beyond the network coverage area.

For a deeper understanding of Satellite M2M & IoT Networks, let us read further to find out more about their extensive range of applications. Besides, the Global Satellite M2M & IoT Network Market is expecting around 30% CAGR during 2021-26, cites a research report. Since IoT devices can provide sensor data with information like location & operating conditions to complex Machine-to-Machine communication, this data monitoring can be highly beneficial in different applications, some of which are listed below:

• Asset Tracking

One of the prime applications of IoT include tracking the location of assets, which is critical for any business to bring operational efficiency. Besides, remote tracking solutions for tracking also improve the management of assets using IoT networks. It enables businesses in purposes like freight management by cargo containers, tracking & inventory management of rail, heavy equipment, construction vehicles, & military vehicles, etc., monitoring livestock, improving wildlife ecology, etc.

• Maritime Applications

Satellite solutions are used widely in several maritime applications, owing principally to their extensive coverage & offshore services. This networking is used in applications, including Vessel Monitoring Systems (VMS) & VMS compliance, monitoring vessel conditions like engine performance, tracking maritime environmental conditions, etc.

• Services for Remote Industrial Assets

Often it is noticed that industrial assets across remote locations are under-served by terrestrial network companies. Yet, since satellite offers coverage even in such areas, assets provided can be tracked with continuous connectivity of the internet. In fact, several industrial applications require IoT for purposes like monitoring equipment, changing system settings, managing assets, etc. Examples might include connectivity in agriculture to track soil water content & temperature, improve connectivity with Supervisory Control & Data Acquisition (SCADA) for management & monitoring, etc. 

• Connected Cars

In the era of rapid developments across different verticals, connected cars are swiftly gaining momentum. Most vehicles are now coming with features to connect with the internet using both terrestrial & satellite networks for applications like music streaming, GPS navigation, and many more.

Furthermore, the combination of the IoT, AI, & ML is increasingly recasting & bringing efficiency in day-to-day applications. From making a new payment using digital wallets like Google Pay, Apple Pay, etc., real-time control of business operations, traffic control, security, logistics & fleet management, incorporation of technology in smart homes for home appliances, and remote communications, satellite networking is contributing to the expanding adoption of M2M & IoT globally.

Summing Up
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The possibility of one day accessing the ubiquitous coverage offered by satellites displays an attractive prospect of the M2M & IoT networks. Besides, the M2M & Satellite communication provides solutions for several IoT needs and is ideal for applications like site networking. Moreover, Satellite communication is transforming rapidly and facilitating the requirements across commercial & government sectors to settle up scattered businesses at one core. It has resulted in the advent of M2M & IoT to monitor & tracks assets and provide telematics to gather

​Millimeter-wave frequencies start at about 30 GHz and span up to 300 GHz. There's an immense need for higher frequencies since lower frequencies are very crowded. This part of the spectrum is finding usage in new 5G applications, next-generation wireless LANs, and other standards, including electronic warfare, satellite communication, radars, automotive radars, self-driving cars, & connected highways. A recent research study has cited around 36% compounded annual growth rate (CAGR) for the Global Millimeter Wave Technology Market during 2021-26, on account of the mounting demand for millimeter wave technology in security & surveillance applications.

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The Burgeoning Need for Millimeter Wave Technology

Smartphones & other electronic devices generally used at home require very specific frequencies on the radio frequency spectrum, typically those under 6 gigahertz. However, these frequencies are starting to get more crowded. Carriers can only squeeze limited data bits on the same amount of radio frequency spectrum. As more devices come online, people experience slower services & more dropped connections.

It, in turn, has increased research & development for experimenting with broadcasting on shorter millimeter waves that fall between 30- 300 GHz. This spectrum range is gaining immense popularity in mobile devices & shall provide more bandwidth for everyone. The millimeter-wave technology shall be able to handle a thousand times more traffic than today's networks and will be faster than other available technologies.

Top Pros & Cons of Millimeter Wave Technology

Millimeter-wave technology involves several benefits like low interference, improved network performance, large bandwidth for higher data transfer rates, & small component sizes. It also provides higher bandwidth to increase transmission speeds. Also, users connected to networks running on the millimeter-wave specification can experience dramatically reduced network latency.

The network performance of millimeter waves makes it a suitable alternative to fiber-based wired communication, thereby providing lucrative opportunities for wireless broadband services across commercial & residential applications. There is a rapidly increasing need for ultra-high data rate transfer (around 10 Gbps & above) in wireless applications. Millimeter-wave technology makes it possible due to its better penetration depth in adverse climatic conditions like smoke, dust, snow, & fog. Hence, it is used extensively in airborne systems for various military programs.

However, despite several advantages, there are certain disadvantages associated with millimeter-wave technology, wherein coverage & range limitations are the most critical ones. Electromagnetic waves with higher frequencies can’t travel long distances & are more prone to physical obstructions. Furthermore, the technology cannot penetrate structures & other obstacles, which leads to the weakening of signals & reduces the transmission range.

Millimeter Wave Technology: The Future of Wireless Communication

5G wireless networks hold the potential to suffice the growing need for high-speed data transfer rates and more reliable communication services. Currently, the wireless networks are managing more traffic and more devices consuming more data. Millimeter waves offer more spectrum and minimize the congestion on the current radio spectrum.

With advancements in millimeter-wave technology, new wireless networks are likely to be built to meet the increasing demand for high-speed communication in various applications like autonomous cars and smartphones. However, if developments can solve the challenges faced by the millimeter-wave spectrum, high-speed services will be delivered easily to consumers across several industries. Hence, based on the aspects cited above, the Global Millimeter Wave Technology Market is very likely to witness astronomical growth in the coming years.